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For the full year, sales were €511.7 million, an increase of 12% compared to the previous year.
February 9, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Melexis reported its fourth quarter and fiscal year 2017 results. For the full year, sales were €511.7 million, an increase of 12% compared to the previous year. Gross margin was €235.4 million, an increase of 13% compared to 2016. The operating result was €132.6 million, an increase of 16% compared to last year. Net income was €111.0 million, €2.75 per share, an increase of 15% compared to €96.3 million or €2.38 per share in 2016. Sales for the fourth quarter of 2017 were €132.7 million...
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